GOLD News & Events

Gold.com announced that it has entered into a definitive agreement with TPM, S.A. de C.V., or "Tether," whereby Tether is purchasing $150M of Gold.com's common shares. "Tether is one of the largest known private owners of gold globally and sponsors the largest dollar-backed stablecoin (USDT-USD) and the largest gold-backed stablecoin (XAUT-USD) - in each case in terms of market capitalization - as well as the U.S.-regulated stablecoin USAT... Tether has agreed to purchase approximately $125M worth of Common Shares and will purchase an additional approximately $25M worth of Common Shares following receipt of certain regulatory approvals. In total, Tether is acquiring 3.371 million Common Shares at an issue price of $44.50. This price represents an 11.9% discount to the 10-day volume weighted average price of the Common Shares on the NYSE as of market close on Feb. 4, 2026. The Common Shares will be subject to customary registration rights and a 90-day resale restriction. As a result of Tether's investment in Gold.com, Tether is entitled to nominate a member to the board of directors of the Company. The Investment establishes a strategic partnership designed to bridge physical precious metals and digital finance. By combining Gold.com's end-to-end gold infrastructure with Tether's global stablecoin platform, the parties aim to create a vertically integrated gold ecosystem. The collaboration is expected to enhance the credibility and distribution of Tether's gold-backed XAU stablecoin, expand Gold.com's retail and digital offerings, introduce gold leasing solutions, and drive increased consumer and institutional engagement across both platforms. Gold.com and Tether have agreed in good faith to use reasonable commercial efforts to enter into certain commercial agreements, subject to due diligence and regulatory compliance, including the following: Tether will provide Gold.com with a gold leasing facility of no less than $100.0M; Gold.com will reasonably accommodate accepting Tether stablecoins as payment, including allowing for certain promotional activities; and Gold.com will reasonably promote Tether stablecoins on its websites and such other mutually agreed upon activities that will help support Tether stablecoins. The Company has agreed to invest $20M of the proceeds raised from the Investment in Tether's XAU stablecoin," Gold.com stated.

Reports Q2 revenue $6.48B vs. $2.74B last year. "Our second quarter results demonstrate our ability to successfully navigate rapidly evolving market conditions. During the quarter, we experienced an increase in consumer demand across our platforms, however, premium spreads remained tight and backwardation in the silver market contributed to trading losses and higher interest expense due to increases in product financing and precious metals lease rates. Despite these headwinds, we delivered $11.6 million in net income and earnings of $0.46 per diluted share, demonstrating the resilience of our diversified platform and disciplined approach to managing market volatility. During the quarter, we completed several important strategic initiatives, including our rebranding from A-Mark Precious Metals to Gold.com, the transfer of our stock listing from NASDAQ to the New York Stock Exchange under the ticker symbol 'GOLD', and the relocation of our corporate headquarters to Costa Mesa, California. In January 2026, we closed the acquisition of Monex Deposit Company, one of the largest and most established direct-to-consumer precious metal dealers in the United States. These milestones reflect the continued evolution of our business and position us to enhance our visibility, liquidity, and alignment with our long-term strategy. We are also making meaningful progress in optimizing our expense structure and in unlocking synergies from our recent acquisitions as we continue to integrate these businesses and realize additional cost savings. Internationally, performance at LPM in Hong Kong remains strong, with both retail showroom activity and wholesale trading volumes showing positive momentum. Asia continues to represent an attractive long-term growth opportunity, and we remain focused on expanding our presence across the region. With an expanded portfolio of brands, improved operational leverage, and continued international focus, we believe Gold.com is well-positioned to capture growth across multiple channels and deliver long-term value for our shareholders," said Gold.com CEO Greg Roberts.